PREPAYMENT SAVINGS CALCULATOR

Prepayment Savings Calculator

Making additional mortgage payments reduces your interest costs by shortening the time it takes to pay off your mortgage and lowering your balance along the way.

Additional Payment Amount

Make First Additional Payment

Present Loan Balance

Interest Rate

Remaining Loan Term

Years

Months

Loan Type

Fixed Rate

Adjustable Rate

Max Periodic Rate Increase

Max Lifetime Rate Increase

Present Rate Changes After

Months

Rate Can Change Every

Months

Show Amortization Table

Default amounts are hypothetical and may not apply to your individual situation. This calculator provides approximations for informational purposes only. Actual results will be provided by your lender and will likely vary depending on your eligibility and current market rates.

Results

Loan Term Reduction

0 years

Interest Savings

$0.00

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Gold Star Mortgage Financial Group

100 Phoenix Drive, Ste. 300

Ann Arbor, MI 48108

1.800.201.LOAN (5626) Consumer Access - NMLS# 3446

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NMLS | FAIR LENDER | FAIR HOUSING

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17 Street, Suite 200 Denver, Colorado 80222

802-102-1023 | info@encompassmortgage.com

NMLS | FAIR LENDER | FAIR HOUSING

Nulla elementum ac ligula quis scelerisque. Fusce vitae egestas orci. Pellentesque quis diam hendrerit, consectetur mi at, mattis turpis. Quisque ante elit, auctor eu odio eu, rhoncus gravida nibh. Aenean in dapibus tortor, in congue libero. Phasellus cursus non tortor vitae Curabitur eget egestas nisi. Quisque ut tortor eget diam tristique malesuada. Sed et sapien ac justo egestas sed ut odio. Praesent fermentum nunc sed tellus pretium posuere.